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758 W North Ave 8,076 SF Office Condo Unit Offered at $1,800,000 in Chicago, IL 60642
INVESTMENT HIGHLIGHTS
- Value-Add + Owner/User Opportunity
- Corner Location + Proximity to Transit
- Premier Retail Corridor
- Historic Use Preservation - Chicago Landmark
- Eclectic Lincoln Park Neighborhood
- Depaul University Less Than 1 Mile Away
PROPERTY FACTS
| Total Building Size | 36,514 SF | Floors | 4 |
| Property Type | Sports & Entertainment (Condo) | Typical Floor Size | 7,000 SF |
| Property Subtype | Theater/Concert Hall | Year Built | 1880 |
| Building Class | B | Lot Size | 2.50 AC |
| Zoning | B3-5 - Community shopping district | ||
| Total Building Size | 36,514 SF |
| Property Type | Sports & Entertainment (Condo) |
| Property Subtype | Theater/Concert Hall |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 7,000 SF |
| Year Built | 1880 |
| Lot Size | 2.50 AC |
| Zoning | B3-5 - Community shopping district |
1 UNIT AVAILABLE
Unit 1-4
| Unit Size | 8,076 SF | Condo Use | Office |
| Price | $1,800,000 | Sale Type | Investment or Owner User |
| Price Per SF | $222.88 |
| Unit Size | 8,076 SF |
| Price | $1,800,000 |
| Price Per SF | $222.88 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
DESCRIPTION
Full floor office condo with four suites
SALE NOTES
Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple condominium interest in 758 W. North Avenue, Floor 4 (the “Property”), an urban infill office condo located in Chicago’s prosperous Lincoln Park neighborhood and Illinois’s 9th most expensive zip code for home values.
The ±8,076 square-foot office condo is located above the historic Yondorf Hall, a former public hall with a stage and an encompassing balcony. The ground floor of the building is a two-tenant retail space. Built in 1887 and designated a Chicago Landmark, it ranks as one of the best surviving Victorian-era buildings. The Property was previously owned by the Steppenwolf Theater and used for social events, meetings and rented out nightly. (See info on the landmark designation: Yondorf – Landmark Designation)
A new investor or owner/user can continue its legacy as one of the city’s most historic spaces, or repurpose for alternative uses. The Property consists of traditional office space with one existing tenant, including exceptional natural light and easy configuration for light renovation or other repurposing.
The Property is prominently located at the intersection of North Avenue and Halsted Street, boasting visibility to 36,100 vehicles daily. Across from the CTA North & Clybourn Red Line ‘L’ Station—one of the busiest in the city with 18.7 million annual passengers—that was upgraded with a $4million contribution from Apple to benefit the adjacent flagship Apple store built in 2010.
Situated in the heart of the Clybourn/North Retail Corridor, the Property is surrounded by a strong lineup of national retailers, Starbucks, Crate & Barell, Design within Reach, Williams-Sonoma, Nordstrom Rack, Sweetgreen, Potbelly, Whole Foods, Trader Joe’s, REI, Dick’s Sporting Goods, and many others.
Adding to its appeal, the Property is positioned within greater Lincoln Park, Chicago’s most affluent neighborhood and one of the city’s most amenity-rich areas. Within a one-mile radius, the area boasts an average household income exceeding $150,000, an average home value over
$600,000, and a total population of 69,009.
Costar - Chicago, IL - 758 W North Avenue4
Costar - Chicago, IL - 758 W North Avenue5
Costar - Chicago, IL - 758 W North Avenue6
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758 W North Ave
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